Consumers in the U.S. will be able pay with Venmo on Amazon.com and the Amazon mobile app starting in 2022.
That was the big news coming out of PayPal's earnings report Monday. Venmo processed about $60 billion in total payment volume in the quarter, up 36%.
PayPal reported total payment volume of $310 million, up 26% from the year-ago period. PayPal has also recently added new personalized deals and shopping features in its app, as well as bill pay and early access to direct deposit. It plans to roll out PayPal Savings "in the coming months."